Rhode Island Transaction Agreement
Description
How to fill out Transaction Agreement?
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FAQ
How to Sell a Car in Rhode Island Step 1: Allow the buyer to have the car inspected by a third party. Step 2: Organize and gather all related vehicle documentation. Step 3: Bill of Sale. Step 4: Transfer the title. Step 5: Remove your plates and cancel your insurance.
Anyone can draft a bill of sale in Rhode Island. As long as the document has been signed by the buyer and the seller, it can be legally binding. Getting a bill of sale notarized can help it hold up in court.
Acceptable forms of payment are: cash, money orders, personal checks, bank checks, and credit card (MasterCard, Discover, Visa and American Express). Checks should be payable to Division of Motor Vehicles.
Top 5 Ways to Sell Your Car as Quickly as Possible Sell it to a Dealership. A dealership will buy your used vehicle under the right conditions. ... Sell it Yourself at a Discounted Price. ... Sell it Privately to a Friend. ... Sell it to a Car Buying Service.
What Do You Need To Transfer A Car Title? A completed Form T-334-2, also referred to as the Use Tax Return. A completed Form TR-2/TR-9, also referred to as the Application for Title. A title certificate. Proof of a VIN inspection if you purchased the car in a state other than Rhode Island.
To cancel a registration, please do one of the following: Online Cancellation. For the safety and convenience of Rhode Islanders, an online transaction was created to cancel registrations. ... Cancel Plates using Drop Box. Plates may be cancelled using the Drop Box located within each DMV Branch. ... Cancel Plates by Mail.